TSMC and Samsung advanced chips targeted in Biden’s China crackdown

The outgoing Biden administration is introducing even more measures focused on keeping advanced chips out of China. Netflix, Walmart, and Mastercard are stocks to buy in a wobbly market, analyst says CC Share Subtitles Off English Netflix, Walmart, and Mastercard are stocks to buy in a wobbly market, analyst says The new regulations reinforce and build upon previous U.S. export controls aimed at restricting China from advanced semiconductors that can be used for artificial intelligence and military development. Under the rules, foundries and packaging companies that want to export certain chips are subject to a broader license requirement unless certain…